News

UK - The City and County of Swansea pension fund has issued tenders worth over £382m to manage the investment of six specialist active portfolios.

Local authority pension schemes are seeking more diversification from fixed income, research by Fidelity International shows.

GLOBAL - Several large pension schemes have expressed an interest in collaborating in a proposed class action case against entertainment giant Vivendi, according to UK firm, Securities Class Actions.

GLOBAL - Active currency managers face difficult conditions to deliver on a slew of new pension fund mandates, according to consultants.

Salary sacrifice has been available for some time but has become more popular recently as employers l...

GLOBAL - Pension funds should look out for distressed debt opportunities amongst credit crunch victims, claim industry experts.

US - The California State Teachers' Retirement System (CalSTRS) has launched a search for managers to enhance its currency management programme.

GLOBAL - Rick Di Mascio, chief executive for Inalytics Limited and chair of the T-Charter, has launched a scathing attack on transition managers for dragging their feet over agreeing the final version of the charter.

UK - JPMorgan Worldwide Securities Services has won pension custody mandates and related services from DSG Pension Trustees Limited and Taylor Wimpey.

Retirement income for defined contribution scheme members could be up to 70pc higher if funds were run more efficiently, Hewitt Associates claims.